It seems to be working for Basecamp (formerly 37Signals, creators of the Basecamp project management software). Read their two books REWORK and REMOTE,where the

It seems to be working for Basecamp (formerly 37Signals, creators of the Basecamp project management software). Read their two books REWORK and REMOTE,where they explain how they did it. You can also find the basics reading around their founder's blog ( https://m.signalvnoise.com https://m.signalvnoise.com ), where they also lists some other companies that share this approach (buffer, zapier...)